The partnership targets institutional clients with global custody and asset servicing solutions under Oman’s Vision 2040 agenda.
State Street Corporation (NYSE:STT) and Jadwa Investment signed a Memorandum of Understanding to collaborate on financial services in Oman. The agreement focuses on global custody and advanced asset servicing for institutional clients, aiming to strengthen Oman’s financial ecosystem.
The deal builds on State Street’s two-decade presence in the region and Jadwa’s local investment expertise. It aligns with Oman’s Vision 2040 economic development plan and includes knowledge sharing, training, and thought leadership initiatives.
Both firms will combine global and regional strengths to enhance access to high-quality investment services. The collaboration was announced at the Oman Capital Market Conference on June 3.